one then we all agree on the state of the economy, that the technology companies in silicon valley and seattle, increasingly in new york are the kind of envy of the world and one key reason for that i think is that the internal structure of these corporations was much more pure network way it worked. much lies hierachical, the decision making in silicon valley firm is much less about the boss at top and much more empowering local employees to make decisions on their own, to innovate on their own. they're much more egalitarian the way they share the proceed. a lot of these company have extensive stock options plans where the lowest level employee participates when the company goes public and so on. all that stuff was new, when the first silicon valley, fairchild and intel founded in '60s and early '70s. they had this ethos where they were founded by a bunch engineers. they didn't have a lot of executive perks an everyone should participate in the production of the company. that practice i think is part of why the silicon valley and tech sector has been so successful. one of the cases be